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Showing posts with label Global Political Economy. Show all posts
Showing posts with label Global Political Economy. Show all posts

Sunday, 25 March 2018

Audrey Young: Visiting leaders show disrespect by failing to share platform with Jacinda Ardern



By Audrey Young

It was a shame that Barack Obama refused to allow any meaningful media opportunities on his trip to New Zealand but he had an excuse given that it was a private trip.

Indonesia President Joko Widodo had no such excuse. It was shameful that on a state visit he failed to present himself in some manner to the public of New Zealand.

When preparing for the visit, the Ministry of Foreign Affairs and Trade raised the issue of holding a joint press conference alongside Prime Minister Jacinda Ardern, but the Indonesians declined.

Ardern will be too diplomatic to describe it as an insult, but it is one.

When New Zealand leaders visit other countries, they are expected to behave according to the protocols and values of that country. The same should apply for visitors to New Zealand.

Two leaders fronting together and talking about the relationship is an implicit display of respect for the other leader and country.

The opposite applies. To decline to do so is implicitly disrespectful to Ardern and New Zealand.

The Government needs to send a swift message to Mfat that such events for future VIP visits must be raised not by invitation but in the context of an expectation.

It need not be expressed in terms of compulsion but an obligation except for exceptional circumstances.

If Ardern does not make this clear now, Mfat will continue to present it as a take-it-or-leave-it option for the visiting country to dictate.

The Widodo visit followed a high-level visit the previous week from Vietnamese Prime Minister Nguyen Xuan Phuc, again during which no press conference was organised. 

These two examples should not set a pattern for the rest of her premiership.

Holding a joint public press event was an expectation for VIPs under both Helen Clark and John Key's leadership.

In 2001, when Clark was hosting the first Indonesia President to visit New Zealand in 29 years, Abdurrahman Wahid, he surprised everyone at their press conference by talking about the problems with corruption in his country's justice system, including the judiciary.

It was in the context of questions about justice for the killers of Private Leonard Manning, who was killed on patrol near the West Timor border.

Setting an expectation that VIPs front will definitely leave them open to questions about potentially sensitive areas, West Papua in the case of Widodo

But if they don't have the skill to handle those, maybe they should not be in politics.

It is not New Zealand or Mfat's job to protect VIPs from sensitive issues.



Saturday, 6 January 2018

China’s Creditor Imperialism

By BRAHMA CHELLANEY

Chinese Garment Factory in Senegal | Image: Fibre2Fashion
Just as European imperial powers employed gunboat diplomacy, China is using sovereign debt to bend other states to its will. As Sri Lanka's handover of the strategic Hambantota port shows, states caught in debt bondage to the new imperial giant risk losing both natural assets and their very sovereignty.

BERLIN – This month, Sri Lanka, unable to pay the onerous debt to China it has accumulated, formally handed over its strategically located Hambantota port to the UAsian giant. It was a major acquisition for China’s Belt and Road Initiative (BRI) – which President Xi Jinping calls the “project of the century” – and proof of just how effective China’s debt-trap diplomacy can be.

Unlike International Monetary Fund and World Bank lending, Chinese loans are collateralized by strategically important natural assets with high long-term value (even if they lack short-term commercial viability). Hambantota, for example, straddles Indian Ocean trade routes linking Europe, Africa, and the Middle East to Asia. In exchange for financing and building the infrastructure that poorer countries need, China demands favorable access to their natural assets, from mineral resources to ports.

Moreover, as Sri Lanka’s experience starkly illustrates, Chinese financing can shackle its “partner” countries. Rather than offering grants or concessionary loans, China provides huge project-related loans at market-based rates, without transparency, much less environmental- or social-impact assessments. As US Secretary of State Rex Tillerson put it recently, with the BRI, China is aiming to define “its own rules and norms.”

To strengthen its position further, China has encouraged its companies to bid for outright purchase of strategic ports, where possible. The Mediterranean port of Piraeus, which a Chinese firm acquired for $436 million from cash-strapped Greece last year, will serve as the BRI’s “dragon head” in Europe.

By wielding its financial clout in this manner, China seeks to kill two birds with one stone. First, it wants to address overcapacity at home by boosting exports. And, second, it hopes to advance its strategic interests, including expanding its diplomatic influence, securing natural resources, promoting the international use of its currency, and gaining a relative advantage over other powers.

China’s predatory approach – and its gloating over securing Hambantota – is ironic, to say the least. In its relationships with smaller countries like Sri Lanka, China is replicating the practices used against it in the European-colonial period, which began with the 1839-1860 Opium Wars and ended with the 1949 communist takeover – a period that China bitterly refers to as its “century of humiliation.”

China Expansion Plan |  Picture: Mirror Business
China portrayed the 1997 restoration of its sovereignty over Hong Kong, following more than a century of British administration, as righting a historic injustice. Yet, as Hambantota shows, China is now establishing its own Hong Kong-style neocolonial arrangements. Apparently Xi’s promise of the “great rejuvenation of the Chinese nation” is inextricable from the erosion of smaller states’ sovereignty.4

Just as European imperial powers employed gunboat diplomacy to open new markets and colonial outposts, China uses sovereign debt to bend other states to its will, without having to fire a single shot. Like the opium the British exported to China, the easy loans China offers are addictive. And, because China chooses its projects according to their long-term strategic value, they may yield short-term returns that are insufficient for countries to repay their debts. This gives China added leverage, which it can use, say, to force borrowers to swap debt for equity, thereby expanding China’s global footprint by trapping a growing number of countries in debt servitude.

Even the terms of the 99-year Hambantota port lease echo those used to force China to lease its own ports to Western colonial powers. Britain leased the New Territories from China for 99 years in 1898, causing Hong Kong’s landmass to expand by 90%. Yet the 99-year term was fixed merely to help China’s ethnic-Manchu Qing Dynasty save face; the reality was that all acquisitions were believed to be permanent.

China Harbour Engineering Co Ltd | The last contractor for the Hambatota Proect
Now, China is applying the imperial 99-year lease concept in distant lands. China’s lease agreement over Hambantota, concluded this summer, included a promise that China would shave $1.1 billion off Sri Lanka’s debt. In 2015, a Chinese firm took out a 99-year lease on Australia’s deep-water port of Darwin – home to more than 1,000 US Marines – for $388 million.

Similarly, after lending billions of dollars to heavily indebted Djibouti, China established its first overseas military base this year in that tiny but strategic state, just a few miles from a US naval base – the only permanent American military facility in Africa. Trapped in a debt crisis, Djibouti had no choice but to lease land to China for $20 million per year. China has also used its leverage over Turkmenistan to secure natural gas by pipeline largely on Chinese terms.

Several other countries, from Argentina to Namibia to Laos, have been ensnared in a Chinese debt trap, forcing them to confront agonizing choices in order to stave off default. Kenya’s crushing debt to China now threatens to turn its busy port of Mombasa – the gateway to East Africa – into another Hambantota.

These experiences should serve as a warning that the BRI is essentially an imperial project that aims to bring to fruition the mythical Middle Kingdom. States caught in debt bondage to China risk losing both their most valuable natural assets and their very sovereignty. The new imperial giant’s velvet glove cloaks an iron fist – one with the strength to squeeze the vitality out of smaller countries.

- Brahma Chellaney | | Professor of Strategic Studies at the New Delhi-based Center for Policy Research and Fellow at the Robert Bosch Academy in Berlin,




Saturday, 16 September 2017

A Syrian: “It was Never a Revolution nor a Civil War. The Terrorists are sent by U.S. Government"

Bashar Al Assad, Photo: Flicker
Three years ago (2014), “Majd” wrote these words on a Facebook posting:

”I am Syrian… living in Syria in the middle of everything. We have seen horrors. It was never a revolution nor a civil war. The terrorists are sent by your goverment. They are al Qaeda Jabhat al Nusra Wahhabi Salafists Talibans etc and the extremist jihadists sent by the West, the Saudis, Qatar and Turkey. Your Obama and whoever is behind him or above him are supporting al Qaeda and leading a proxy war on my country.

We thought you are against al Qaeda and now you support them.

The majority here loves Assad. He has never committed a crime against his own people… The chemical attack was staged by the terrorists helped by the USA and the UK,  etc. Everyone knows that here.

American soldiers and people should not be supporting barbarian al Qaeda terrorists who are killing Christians, Muslims in my country and everyone.

Every massacre is committed by them. We were all happy in Syria: we had free school and university education available for everyone, free healthcare, no GMO, no fluoride, no chemtrails, no Rothschild IMF- controlled bank, state owned central bank which gives 11% interest, we are self-sufficient and have no foreign debt to any country or bank.

Life before the crisis was so beautiful here. Now it is hard and horrific in some regions.

I do not understand how the good and brave American people can accept to bomb my country which has never harmed them and therefore help the barbarian al Qaeda. These animals slit throats and behead for pleasure… they behead babies and rape young kids.

They are satanic. Our military helped by the millions of civilian militias are winning the battle against al Qaeda. But now the USA wants to bomb the shit out of us so that al Qaeda can get the upper hand. 

Please help us American people. They are destroying the cradle of civilization. Stop your government.

Impeach that bankster puppet you have as president… support Ron Paul or Rand or anyone the like who are true American patriots. but be sure of one.thing..if they attack and I think they will….it will be hell.

Be sure that if it were to be a world war, many many will die. Syria can and will defend itself and will sink many US ships. Iran will go to war..Russia and China eventually if it escalates… and all this for what ? For the elites who created al Qaeda through the US government and use it to conduct proxy wars and destabilize countries which do not go along with their new world order agenda !!?

American people…you gotta regain control of your once admirable country. Now everyone hates you for.the.death you bring almost everywhere.

Ask the Iraqis…the Afghans…the Pakistanis…the Palestinians…the Syrians…the Macedonians and Serbs…the Libyans…the Somalis…the Yemenis ….all the ones you kill with drones everyday. Stop your wars, Enough wars. Use diplomacy..dialogue…help..not force.”


Wednesday, 13 September 2017

Libya: Ten Things About Gaddafi They Don’t Want You to Know
















This article was first published by Global Research in November 2014. Today Libya as a Nation State has been destroyed by US-NATO.

What do you think of when you hear the name Colonel Gaddafi? Tyrant? Dictator? Terrorist? Well, a national citizen of Libya may disagree but we want you to decide.

For 41 years until his demise in October 2011, Muammar Gaddafi did some truly amazing things for his country and repeatedly tried to unite and empower the whole of Africa.

So despite what you’ve heard on the radio, seen in the media or on the TV, Gaddafi did some powerful things that are not characteristic of a “vicious dictator” as portrayed by the western media.

Friday, 25 August 2017

North Korea is far richer in minerals than its southern counterpart

North Korea Gold Reserve. Picture: YouTube

Mining currently only makes up 14 per cent of North Korea's economy – but the dictatorship may in fact be sitting on vast reserves of mineral wealth.


International sanctions imposed on the hermit kingdom in response to its nuclear tests should, in theory, be crippling its trade in minerals.

A March 2016 UN resolution banned the export of gold, vanadium, titanium, and rare earth metals from North Korea.

Another resolution in November capped production of coal and banned shipments of nickel, copper, zinc and silver.

But a UN report published at the start of the year found that North Korea was covertly exporting banned minerals and finding new ways to evade sanctions.

Egyptian authorities intercepted a ship carrying 2,300 tons of iron ore from North Korea to the Suez Canal, with 30,000 rocket-propelled grenades beneath the ore, according to the report from February.
This “showed the country’s use of concealment techniques, as well as an emerging nexus between entities trading in arms and minerals,” it said.

North Korea's economy is roughly forty times smaller than that of the South, according to estimates by The Economist published last year.

The North is however far richer in minerals. In 2014 it produced 3.4 million tonnes of iron-ore to the South’s 0.6 million.

And North Korea's mineral wealth was estimated at $10 trillion (£7.5 trillion) in 2012 by a South Korean research institute.

The mountainous country has sizeable deposits of more than 200 different underground minerals, according to a recent report by Lloyd Vasey, founder of the Center for Strategic and International Studies think tank.

These include coal, iron ore, magnesite, gold ore, zinc ore, copper ore, limestone, molybdenite, graphite and tungsten, all with potential for the development of large-scale mines.

The country's magnesite reserves are the second largest in the world after China, and its tungsten deposits the planet's sixth largest, according to the report.

South Korea’s state-run Korea Development Institute last September described mineral trade between North Korea and China as a “cash cow” for Pyongyang.

The institute said that mineral trade accounted for 54 per cent of the North’s total trade volume to China in the first half of 2016.

Its reserves have up until now remained underdeveloped, with the average operational rate of mine facilities below 30 percent.

This is in part due to antiquated infrastructure, with just 3 per cent of roads paved, and in part due to the fact that private mining remains illegal.


Thursday, 11 May 2017

Why Do North Koreans Hate USA? One Reason — They Remember the Korean War.

“WHY DO THEY hate USA.?”

It’s a question that has bewildered Americans again and again in the wake of 9/11, in reference to the Arab and Muslim worlds. These days, however, it’s a question increasingly asked about the reclusive North Koreans.
Photo: Keystone/Getty Images via The Intercept
Let’s be clear: There is no doubt that the citizens of the Democratic People’s Republic of Korea both fear and loathe the United States. Paranoia, resentment, and a crude anti-Americanism have been nurtured inside the Hermit Kingdom for decades. Children are taught to hate Americans in school while adults mark a “Struggle Against U.S. Imperialism Month” every year (it’s in June, in case you were wondering).


Tuesday, 18 October 2016

U.S. Dropped 23,144 Bombs on Muslim-Majority Countries in 2015


Council of Foreign Relations resident skeptic Micah Zenko recently tallied up how many bombs the United States has dropped on other countries and the results are as depressing as one would think. Zenko figured that since Jan. 1, 2015, the U.S. has dropped around 23,144 bombs on Iraq, Syria, Afghanistan, Pakistan, Yemen, and Somalia, all countries that are majority Muslim.

The chart, provided by the generally pro-State Department think tank, puts in stark terms how much destruction the U.S. has leveled on other countries. Whether or not one thinks such bombing is justified, it's a blunt illustration of how much raw damage the United States inflicts on the Muslim world:


Sources: Estimate based upon Combined Forces Air Component Commander 2010-2015 Airpower Statistics; Information requested from CJTF-Operation Inherent Resolve Public Affairs Office, January 7, 2016; New America Foundation (NAF); Long War Journal (LWJ); The Bureau of Investigative Journalism (TBIJ).


Sunday, 28 August 2016

Spanish police smash Chinese immigration ring, they have arrested 57 people

© AFP
Spanish police said Saturday they had smashed a major ring allegedly providing Chinese nationals living illegally in the country with fake contracts as domestic staff so they could get residency permits.

 The arrests took place in Barcelona, Valencia, San Sebastian and Las Palmas, one of the Canary Islands.

Police arrested 57 people across the country as part of the operation, including a Chinese couple suspected of running the ring, police said in a statement.

The police say the Chinese lived illegally in Spain, working in the textile industry in Barcelona.

Chinese nationals illegally living in Spain reportedly paid the ring €8,000 ($8,960; £6,820) each to obtain fake contracts as domestic workers.

In return they were given residency permits.

The ring allegedly paid employers, usually hotels in Lanzarote, 1,500-2,000 euros for each fake work contract they provided a Chinese national.

A police spokeswoman could not say how many Chinese nationals obtained residency permits through the scheme, saying only that the ring was "very important".

Just under 200,000 Chinese nationals legally live in Spain, making the Chinese immigrant population the fourth largest foreign community in the country, according to national statistics institute INE.

The ringleaders, a Chinese couple, allegedly paid employers between €1,500 and €2,000 for the contracts.

Most of the employers allegedly involved are linked to the hotel trade in Lanzarote, one of the Canary Islands.

Chinese immigrants are the fifth biggest foreign community in Spain with almost 170,000 people as of 2015, according to the National Statistics Institute.

By THE ASSOCIATED PRESS

Thursday, 4 August 2016

Why USA Destroyed Libya?

United States and its allies are the new colonizers in Africa. They had to destroy the richest countries in Africa, Libya.

A school bombed by NATO forces in August 2011
Don DeBar, an anti-war activist and radio host in New York, made the remarks in a phone interview with Press TV on Wednesday, after US President Barack Obama ordered a new bombing campaign in Libya.



Thursday, 20 September 2012

Anti-Islam film and reaction in the Muslim world


HUNDREDS OF PROTESTERS gathered outside the United States embassy in London ...
(Photo: thejournal.ie)
A Coptic American, extreme right-winger and Islam- hater made an anti-Islam film and put it on the internet. Its reaction was very violent in the Muslim world beginning with Libya wherein an American ambassador Christopher Steve along with four other consulate staff was killed in violent demonstration. It was followed by violent demonstrations in Egypt, Yemen, and other places. Saudi Arabia which normally remains officially silent also had to strongly protest.

Of course some countries like Indonesia, Malaysia and others remained comparatively peaceful though signs of unrest are there in these countries too. In other words the countries covered by Arab Spring were mostly affected. And on this occasion a private agency in Iran once again renewed the prize offer (with increased amount of 3.3 million dollar) on Rushdie’s head.

Rushdie of course reacted characteristically by saying that blasphemy should be one’s right. It is difficult to say what shape this renewed offer on Rushdie’s head will take. It may remain only a formal announcement. It seems difficult that it would become a raging controversy as it did when Ayatollah Khomeini had declared price on Rushdie’s head. Politically it was very different context.

Ayatollah Khomeini then was a great hero for the Muslim youth as he had declared America a great Satan and America all over the Muslim world then was seen as an evil incarnate who had tried to stop an Islamic revolution and Rushdie was seen as a western agent who had, in the name of human rights, insulted the Prophet of Islam thus trying to weaken Islamic revolution. One cannot expect that kind of reaction from the Muslim youth anymore.

But as for the anti-Islamic film there is a different political context (i.e. the Arab Spring), no less significant than Islamic revolution of Iran. The only difference is that Iranian revolution was actively opposed by America whereas Arab Spring was seen as favourable by American rulers under the pretext of bringing in democracy to the Arab world.

In Libya America and NATO forces had played an active role in overthrowing Gaddafi who had played an anti-American role throughout his life except perhaps during the last phase when he had tried to reconcile with Western powers. In Syria too America, like Libya, is interested in what it chooses to call ‘regime change.’ Needless to say both in Libya and Syria America had not played so innocent a role as it would like the world to believe.

Today both in Libya and Syria Al-Qaeda has become hyper-active but even at the cost of making al-Qaeda quite active, America’s priority is to destroy Gaddafi and Bashar al-Assad, the old enemies of America and the only obstacles in total domination of Middle East by America. Both of them have been anti-Israel too and with their elimination, America will be free to promote its interest in the area.

For al-Qaeda too it suits well as both Bashar al-Assad and Gaddafi have been enemies being revolutionaries and seen as anti-Islamic forces by them (i.e. al-Qaeda) Thus both the regimes, ironically, are seen as enemies both by America and al-Qaeda. Thus the violent demonstrations against the film are result of number of factors. What is to be understood is that these demonstrations are less Islamic and more for down to earth factors – political, economic and sociological.

The media, especially western media, is portraying these demonstrations as purely a violent religious act, act of fanaticism particularly because it is Islamic. It is not so simple as the media is portraying it. First of all we must reckon with the oil factor. America’s sole interest in this region is neither Islam, nor democracy, nor dictatorship, for that matter. It is oil, pure and simple.

There is as yet no alternative to oil and most of the oil resources of the world are in this region. America wants to maintain its grip on this region at any cost. The first danger it smelt in the region was the Islamic revolution of Iran. U.S. was exceptionally hostile to Iranian revolution. Not because it was Islamic revolution; it was because Iran was emerging as challenge to American leadership in the region. It was equally hostile to Fatimi’s democratic revolution in early fifties of the last century and to undo that revolution it had used Ayatollah’s against the Fatimi’s secular democratic revolution.

After the then Iranian revolution of 1950s number of left-oriented regimes emerged in Middle East i.e. Iraqi and Syrian (Baath Party-led revolution) and Libyan Revolution in 1969, apart from Jamal Abd al-Nassir’s Young Officers’ coup in Egypt in mid-fifties. Nasser’s revolution was no less dangerous than that of Iranian revolution in 1979. It nationalized Suez Canal and France, Britain and Israel invaded Egypt morally supported by USA. It was Soviet Union which threatened these powers and made them retreat.

The Arab Spring, was also seen similarly an opportunity by America to intervene and do away with ‘enemies’ like Gaddafi and Bashar al-Assad. But like before, it is not as simple as America thinks. The demonstrations are aimed politically against American interests in the region. Of course it is utterly foolish to make such film which has been described as ‘idiotic’ or utterly simplistic.

It is true the American regime, much less the people, had anything to do with making of the film and so one wonders why kill its ambassador and consular staff or why demonstrate against America. These demonstrations do not mean that people put responsibility of the film on America. It clearly means that they have utterly hostile feelings towards American domination and repeated interference in the region. They want America to get out of the region.

Unfortunately America does not want to learn lessons. After Libya it rushed to the aid of rebel not for its love of democracy in Syria but for its hatred of the enemy i.e. Bashar al-Assad. America is fully aware of the fact that al-Qaeda is trying to capture the rebel forces. But it thinks Bashar al-Assad is much greater enemy and it can take care of al-Qaeda later. Let not America think that the rebels in Syria would feel grateful to America after success of rebellion. These rebels too carry anti-American feelings hidden in their hearts and when time comes they will manifest it as it happened in Libya.

Many moderate Muslim intellectuals are saying that moderates should speak out against violent demonstrations. I fully agree with this viewpoint. We must oppose violence anywhere and in whatever form. Moreover it is not people of America who are to be blamed for events like anti-Islamic film. It is after all small number of right wingers who are compulsive haters of Islam.

Also, people of America like any other people of the world, are manipulated by the powerful media to think that American foreign policy is right in the Middle Eastern region. For them the principles, and not the interests, play role in framing these policies. Also, hatred is not the right answer for hatred. As a Muslim and as a Gandhian I think love and understanding is the right answer.

To prevent such violent demonstrations the Imams should play creative role in Friday sermons. They should explain to Muslims what are Islamic values and why they should desist from such demonstrations. Also, as a value we oppose US policies, not America or American people. American principles are as great as any other principles. Among those principles are freedom of expression and freedom to follow ones dictates of conscience. There can be no compromise of that.

But this is possible only when our Imams are highly educated and capable of analyzing facts as they are. The kinds of Imams we have are illiterate in matters other than Islamic Shari’ah and Islamic theology. Imams play very significant role in lives of Muslims, especially in Asian and African countries. Muslim intellectuals and moderate Muslims should see to it that Imams should not only be Islamically educated but also in other matters as they influence Muslim thinking on socio-political matters through their sermons on Friday.

The Muslim media also has to play highly responsible role in such matters. We see that Muslim media also, like Imams of the mosques, play to the gallery. Today we are living in the age of democracy and in democracy media plays very important role. We know western media too does not play responsible role. On one hand it displays deeply rooted prejudices and on the other, it guards the interests of multi-national corporations.

But if we believe in Islamic values of justice and peace we have to suppress our anger and display more patience failing which “Islam stands for peace” will become mere rhetoric and such display of violence on all such occasions does show it is mere rhetoric. As good Muslims we should go beyond mere rhetoric and show in action that we stand for justice and peace.

--
Asghar Ali Engineer is a Mumbai-based writer.




  




Monday, 10 September 2012

The socialist answer to Labor’s program of war and austerity


image: gallery.hd.org

Four years after the collapse of Lehmann Brothers, the world economy remains mired in slump and financial instability. The predictions and promises of a “recovery” have proven to be cruel lies. Instead, the depth of the crisis is being exploited by the ruling elite in the United States, across Europe and internationally to unleash the greatest assault on living standards and social and democratic rights since the 1930s, and make the working class pay for the failure of the capitalist profit system.

At the same time, the US is stepping up its decades-long use of military violence to maintain its waning global dominance. War is being prepared against Iran, amid an escalating intervention in Syria by the Obama administration and the European powers. Throughout the Asia-Pacific, American imperialism is carrying out a reckless military build-up to try to undermine Chinese economic and political influence, threatening to trigger a confrontation between nuclear-armed states.

The program of the Gillard Labor government is determined by the international descent into war and depression. It has unconditionally aligned Australian capitalism with the US drive against China. The deployment of American marines to Darwin is the screen behind which northern and western Australia is being transformed into a staging base for joint operations aimed at controlling China’s access to the key sea lanes between the Indian and Pacific Oceans. Labor is also abetting Washington’s persecution of Julian Assange and WikiLeaks, in order to terrorise and intimidate every opponent of imperialism.

Domestically, the Labor government and the trade unions are working with the major corporations to destroy thousands of jobs and attack working conditions in manufacturing, the airlines, the financial sector and retail. As the mining boom ends and government revenue falls, Gillard and Treasurer Swan are drawing up even greater cutbacks to social security to meet the government’s commitment to a budget surplus, while insisting that the state governments also slash their spending. The type of austerity seen in the US and Europe is being prepared in Australia.

The working class, and young people in particular, are confronted with the political question: how to defend their rights and their future? The SEP meetings will elaborate the socialist and revolutionary program and principles that provide the only viable way forward against the Labor government and the Greens, unions and other organisations that are assisting it impose the dictates of the financial and corporate elite, and drag the population into the maelstrom of militarism and war.